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241 4th St Delray Beach, FL 33444-3828

OFF-MARKET Office buildings Google Maps
6,436 SF 0.45 ac lot Built 2016
Entity Owned ~ Est. High Equity
Estimated value (blended)
$2.27M
Range $2.04M – $2.50M (±10%)
Property ID US18-7439041

Property summary

AI-generated overview

This exceptional Class A, two-story office building, totaling 6,436 square feet, is situated on a sizable 19,750 square foot corner lot in desirable Delray Beach, Florida. Built in 2016, the property boasts a 100% occupancy rate with three long-term tenants: Young Dentistry of DB, PA, Shining Sea Private Wealth, and Wildstar Partners LLC. The building features ample parking, with a 3.1 spaces per 1,000 square feet ratio. Its prime location on NE 4th Street, across from Bedner's Market and Artist's Alley, offers excellent visibility and convenient access to Atlantic Avenue and the vibrant Pineapple Grove area. The property is zoned Residential Office (RO) by the City of Delray Beach and presents a stabilized investment opportunity with strong cash flow potential. The building's address is 241 NE 4th Street, Delray Beach, FL 33444, and its Palm Beach County APN is 12-43-46-09-29-007-0081. This is a rare opportunity to acquire a high-quality, fully occupied office building in a thriving location. All information is believed to be accurate but is not warranted.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2016
Construction CONCRETE
Total area 6,436 SF
Lot 0.45 ac (19,750 SF)
Zoning code RO
APN 12-43-46-09-29-007-0081
UPID US18-7439041

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • Financial Advisor
  • Dental Office
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.80M
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2025
Last sale
$2.2M
3 recorded transactions
2025
$2.2M
2024
Price N/A
2008
Price N/A

Zoning & alternative use

RO · Delray Beach, FL
Zoning description

The Residential Office (RO) District provides for mixed use of a neighborhood office and residential nature and a transitional land use between a commercial or industrial area and a residential area, An incentive zoning…

General category MIXED_USE
Top alternative use upside
Auto repair, garage $3.2M +4.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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